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200 Ðồng

Issuer National Treasury of Vietnam (Ngân Khố Quốc Gia)
Year 1950
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Size 168 × 74 mm
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Obverse lettering VIỆT NAM DÂN CHỦ CỘNG HÒA
GIẤY BẠC VIỆT NAM
HAI TRĂM ĐỒNG
BỘ TRƯỞNG BỘ TÀI CHÍNH
TỔNG GIÁM ĐỐC NGÂN KHỐ QUỐC GIA
THEO SẮC LỆNH CỦA CHÍNH PHỦ VIỆT NAM KẺ NÀO GIẢ MẠO CỠ HÀNH ĐỒNG PHẢI CHỊU TỐNG GIAM VÀ PHẠT TIỀN THEO QUÂN PHÁP
200
HỒ CHÍ MINH
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Reverse lettering VIỆT NAM DÂN CHỦ CỘNG HÒA
GIẤY BẠC VIỆT NAM
BẢO VỆ MÙA MÀNG
200
1950
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Comments

The National Treasury of Vietnam — not a central bank — issued this note during the early years of the Democratic Republic of Vietnam, when the new government lacked the institutional infrastructure for conventional monetary policy. The 1950 dating places it squarely in the First Indochina War period, when French forces and the Việt Minh were contesting control of territory and currency alike; French authorities actively worked to suppress DRV notes and prosecuted their use in areas under their control.

The print date of 30 April 1945 printed on the note predates Vietnamese independence by several months — a detail that has caused persistent cataloging confusion between this issue and earlier emergency printings.

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